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Search Results 0 to 20 of about 21 (some duplicates have been removed)
of it is prevalent in the papers. wednesday with congress and the president heading back to washington. here is a headline on "usa today." in the wall street journal -- if the in "the washington post." we welcome your phone calls. we will get to them in a moment. we did find another piece at politico. there you have it in the papers this morning about people being optimistic or pessimistic about things. i want to dig a little bit deeper into "the wall street journal" piece. i we will probably see some what of a flurry of activity tomorrow. if first call. what is your name and where are you calling from? i think that caller is gone. let's try the next call. caller: i am optimistic because this is a great country. we are one nation under god that. i think people ought to turn to their faith during these times because we have always needed to through hard times. host: how will this play in washington but the fiscal glove? caller: i think the republicans are going to have to give it more than the democrats. president obama is basically going to do with the people voted him in for. i think he wil
just need to feel better. cheryl: do something. come back to washington, first and foremost. dennis: a musical about some guy singing about his real feelings. lori: we are looking at the markets. tracy: i would like to see that, but i have not. lori: i have only seen it on broadway. stalks off to a tough start. early numbers point to a tough season. tracy: a nice and shiny fiscal cliff. president obama cut his vacation short. we are tracking where it is headed next. we are expecting negotiations to continue tomorrow. there is talk now that that may not happen. time to head down to the new york stock exchange with nicole petallides. nicole: merry christmas to everybody. the vix, the fear index, has been to the upside. whether or not washington will solve the worries about the so-called fiscal cliff approaching quickly. here is a look at the dow. 13,100 even. most of the dow components are under pressure. hewlett-packard doing well and bank of america in the financial round. it really is being laid upon by the retailers. i no adam shapiro will add on to that. there is a look at some m
, and chip reid is in washington. >> president obama will be arriving in washington tomorrow and both houses of congress will be back in session tomorrow. that will give them just five days to put together a deal to avoid the massive automatic tax hikes and spending cuts known as the fiscal cliff. >> president obama spent christmas day visiting with troops in hawaii. >> while back in washington uncertainty about the looming fiscal cliff continues. there has been to communication between republicans and democrats about how to avoid going over the cliff. before the christmas break, speaker john boehner was unable to get enough support from respects to pass his plan and help said it was up to the white house and the senate to avert the cliff. so now harry reid is believed to be crafting a plan of his own. it's expected to extend bush-era tax cuts. it would also include short-term spending cuts instead of the massive cuts that would occur if there is no deal. it would also patch up the alternative minimum tax that will hit even more middle class families and schedule a
back to washington, d.c.? maybe for a vote. are they going to be able to? >> that's a big question and it's unknown. this is a big storm and it hasn't even had the full impact in d.c. and new york. and it's going to get a lot worse before it gets better. like you said, there's winds that are looking like 40, 50 miles an hour hitting new york soon and they're seeing tremendous delays. the good news is this isn't the kind of storm that leaves multiple feet of snow and blankets runways and ice. we don't see days and days of cancelingations like past winter storms. some of the delays that they're experiencing in the northeast are just a cascading delay from indianapolis, chicago, dallas. the brunt of the storm hasn't hit the northeast yet. >> chicago, newark, houston, but the effects are -- can be across the whole united states, right? >> that's right. it's going to hit around the evening rush in new york and then continue on for the evening. so there's already been 2400 flights that have arrived over 15 minutes late. over 1,045 minutes late. that's cascading more delays through the da
of washington and our very own john harwood is there. >> reporter: mandy, we've got a letter from the republican leadership to the president and to the democrats in the senate saying that the house has acted, they passed legislation last year to extend all the tax cuts and to shift the scheduled sequester cuts from defense to domestic programs, but, of course, in urging the senate to act saying, well, we've acted, now it's your turn, we're simply not going to see the democrats take them up on that because president obama since that letter has won the election and now we're looking at the possibility of a mini deal that would get enacted before january 1st but so far all we've heard are the sounds of silence in the negotiations. a senior white house official told me today when i asked was there any holiday season progress, back channel progress over the past couple of days, got a one-word reply, no. second, the democratic senate leadership says there's a 50/50 chance that we'd get a deal between now and january 1st, but they don't have any progress signs to point to in a tangible way. that's sort
but mandy has been celebrating boxing day all day. we didn't get any presents from lawmakers in washington yet. we're still five days away from falling off the proverbial fiscal cliff and wall street, like everybody else, is waiting for some kind of a solution here, and as you can see by today's numbers the waiting game continues, although we thank brian sullivan and you, mandy, for bringing us back to positive territory in the last hour. >> i'm not sure we can take credit but we'll take it. >> the dow is up a fraction at the moment. 13,139 after a meandering much of the day. the nasdaq hardest hit today. technology has been very volatile recently. still down a fraction right now. 13 points, fraction percentage-wise and the s&p is down 3.33 at 1423. five days left until the fiscal cliff deadline, and though the market has been very resilient to this point, what happens if we go over the cliff and if lawmakers cannot get it together come january 1st? will it be a big meltdown for wall street? that's what everybody wants to know. >> certainly hope know. in today's "closing bell" exchange, fo
see already, there is a different tone in washington. i think elections matter. the voters spoke. even though the race was relatively close, it was not that close in the electoral college. even the margin has expanded now to 4 million votes. i think people read those results. i think, for example, on an issue like immigration reform, the prospects for passing comprehensive immigration reform in the near future -- near future are much greater than they were three weeks ago because of the result of the election. i think the chance of coming to an agreement on this fiscal cliff are greater today because of this election. politicians read election results. i do not know whether our campaign or their campaign fostered the environment for that. i think the voters did, and that is as it should be. >> the last couple questions -- we will come back to this side. >> my question is, in the days following the election there was a fair amount of coverage about the divisiveness of the obama for america ground game -- i was wondering, how you need you think that model was for this campaign and candid
, windy in new york city and long island, washington, detroit, memphis and out west san francisco with a different storm system impacting that region. right now moving forward you can see heavy bands of snow throughout indiana and illinois, sliding to the east and we have severe weather breaking out, i've been tracking the thunderstorms all morning long and they are strong and intense across parts of the chair lie in as. notice the red and the green that indicates higher cloud tops, we're getting intensity and rain and it's that part of the country we're watching out for severe weather. we may see tornadoes break out. today we're looking at heavy snow across illinois, indiana and ohio, it could be a foot or more moving forward and two areas of pennsylvania and new england tomorrow. this storm is not over yet. >> all right, bonnie, thanks so much. >>> now we turn to the bizarre and trangic shooting in upstate new york on christmas eve. two firefighters were shot and killed after responding to a call that a house was on fire and this morning we're learning more about the shooter, hi
. the president is cutting his vacation short to face the fiscal cliff. is he leaving hawaii for washington tonight. if lawmakers don't come up with a deal before the deadline your tax refund could be delayed by months. we are live in the washington bureau to explain more. >> reporter: brian the irs said without a deal as many as 100 million taxpayers may be forced to wait until march to file their tax returns. congress has to vote on the wealth tax and it needs to be adjusted for inflation. both partisay they would agree to it but it's all tied up in the fiscal cliff mess. tax filing season starts next week but the irs would put a hold on that for some. officials would wait for a deal in the new year instead of doing serious reprogramming to their tax system. filing would then be pushed back to march for millions. with refunds coming much later than usual. especially for those who plan on paying off credit card bills that often pile up after the holidays. now all of this could be avoided a deal before the deadline monday night but some long time lawmakers fear it won't happen, more on that
and they want want to have that happen. second of all these are deal mayors. they came to washington to get deals done. and they see the result, the goal as a deal to get past this rather than looking at the numbers. the folks on each side eve are looking at the numbers and they say the deficit would be in better shape and the economy in the long run is in better shape. they are looking long term. the deal makers in the center are looking right now and say they are scared of the political consequences and we are not quite sure how the numbers end up, the last thing we need is a rescission. >> reporter: steve vin dinin in washington. thank you. >> reporter: new information on a horrified christmas eve tragedy as a note left by this ex-con suggests that he planned to kill first responders and possibly some of his own neighbors when he set this massive inferno, it happened on monday, after that before shooting two firefighters who arrived at the scene to help. trace gallagher live from our west coast newsroom with more on this disturbing story. trace. >> reporter: police say that note from 62-
was that our supporters would read this and it would spend -- especially in washington, the world's biggest record chamber -- people would get nervous and worried. when those things happen, you find everyone very generous with their advice. [laughter] the frustration was less than we be worried about where we were but other people's behavior and that it would create a disillusionment among supporters. so we spent a lot of the campaign fighting back against some of these polls. what was remarkable about this race, as looking of the data that we had, it was not how volatile it was, but how steady it was. from february through november, we were running in our own data generally a two-point to 4-point lead. we never fell behind. there was a time in september, after the conventions, we had a strong convention and they had not so strong convention, and came the famous 47% tape. we got a six-point or seven- point battleground states lead. some republican leaning voters moved away from romney. and then can the first debate, which we strategically planned a little suspense for. [laughter] >> there w
. right now we're doing very well in the state of washington. north dakota. excellent, now in nevada. and our people are in the right places and doing the things to become a delegate. it's way too soon to write anybody off. just because somebody is in second or third place, there's a race going on. what if mitt romney isn't the best person? >> people have tried to portray you as a kind of ruthless money machine who some failed, some succeeded, you didn't care, you still got your fee, or you made a ton of money but actually quite a few of the companies that failed, a lot of people lost their jobs, their livelihoods and lost money. to me the key question is do you know instinctively from your recollections how many of those companies that you went into would have failed anyway if you hadn't? >> well, there's no question but that a number of places where we went in and invested, we were investing in an enterprise that was in trouble, that -- where the future was very much in doubt for it and we invested in one busy think it lost 50 or $60 or more million the year before we invested and
be the opposite. the president's not seeing progress and wants to get back to washington as soon as possible to goose the process. time is running out. economists say we could go into another recession if the fiscal cliff is not dealt with. we just learned house republicans convened a conference call with members to say be on 48 hours notice to come back to washington in the next few days to deal with this one way or another. the senate coming back into session tomorrow morning 10:00 a.m. eastern time. the president on this red eye will be flying basically overnight tonight into tomorrow, get there early in the day and maybe convene congressional leaders at some point. interesting that starbucks, the coffee company, is running a row motion in d.c. stores where the they're writing come together on the coffee cup. right now, they're a bit far apart. >> i heard you talk about that 78-degree cold front that swept through the islands. before he headed out, how did the president celebrate christmas? >> yeah, it's been rough. you're right. 78 degrees is probably better than where you are right now,
to head back to washington and jump-start the fiscal cliff negotiations with congress. talks fell apart before christmas. the deadline now is just days away and there is no deal in sight to avoid the tax hikes and spending cuts set to go into effect january 1st. our juan williams is a fox news political analyst and he joins us today and very quickly, juan, merry christmas to you. >> merry christmas, kelly. kelly: this is daunting task facing congress to avert the so-called fiscal cliff that will set into motion more than $600 billion in drastic and draconian allic tax hikes and spending cuts. that will cause a lot of pain for all americans and does congress have enough time to act on this? >> they do. you know it will be very close and it may in fact go beyond the deadline per se although people are thinking at the moment it is possible to get something done by the end of this week. the key here, kelly, is the senate. we have been so focused on the house, speaker boehner, plan. about, plan b falling apart. now speaker boehner is pointing towards the senate and the white house is pointin
of decision. >> there's a scene early on in the movie, lincoln is riding through the streets of washington in his carriage with secretary of state seward, his chief advisor and enforcer. and seward is apparently trying to convince him that this is not the time to push the amendment. >> we'll win the war, sir. it's inevitable isn't it? >> well, it ain't won yet. >> you'll begin your second term a semi-divine stature. imagine the possibilities peace will bring. why tarnish your invaluable luster with a battle in the house? it's a rat's nest in there, the same gang of talentless hicks and hacks who rejected the amendment ten months ago, we'll lose. >> i like our chances now. >> i like our chances now, lincoln's actual words or tony kushner's dramatic license? >> you know, i can't remember with that line. >> you don't know where you start and lincoln stops? >> there are a few places that i know are me and a few places that i know are him. i didn't write the second inaugural address, i wish i had. i can't remember that. it's definitely in the spirit. >> you say you chose to focus on this fight
together to fin common ground. not grounds, ground. >> all of the bickering in washington, all it will take is a cup at starbucks, i think it will push everybody over the edge. get a deal. >>> ahead, a u.s. marine who languished in a mexican prison for months, gets to spend the holidays at home with his family. >>> coming up, we'll talk to one of the lawmaker who's helped win his release. you're watching "starting point." ♪ everybody well don't you know it's me now? ♪ ♪ yeah who's it, who's it huh? ♪ ♪ willy's back with a brand new beat now, ♪ ♪ yeah doin' it doin' it up! ♪ heyyy yeah, tryin' to bite my style! ♪ ♪ heyyy yeah, how you like me now? ♪ ♪ na na na na na na na na ♪ and everybody go uh! time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] no
. >> down in washington, d.c., there is a dark storm cloud over the capitol today. there is. look. >> i always envision her as a weather girl, but a girl has to follow her heart. just like you followed your heart to the cycle. >> aloha and welcome back from the long holiday weekend. president obama is cuts his short and set to leave hawaii tonight to head back to d.c. he will avoid one pr nightmare being on vacation while the precious moments tick away. he faces another as being a president who let the country go off the cliff. if you think that's a bad thing. the senate is back in action and the house has yet to receive a 48 hour heads up to return. john boehner said he refuses to call him back if there is no deal to vote on. he has given up hope and opting to work with senate democrats to push their bill from this past summer that extends rates on those less than $250,000. he failed to get his party behind a threshold and what are the odds this bill will pass. let's get the latest read on those not going on on capitol hill. luke, what is the latest? >> the latest is that there is aide
today. the president is pulling the plug on his trip to hawaii to tend to urgent matters in washington. with tax hikes looming in less than a week, he's scheduled to return to the white house tomorrow, just as a deadlocked congress reconvenes days ahead of the so-called fiscal cliff. you're just six days from feeling this. now, first hit is coming on january 1st when your take home pay will drop by 2% because of a scheduled hike in the social security payroll tax. that's just the start. income taxes are set to climb too. and you'll notice that when employer gets to around the adjusted withholding, the government spending cuts, those are also scheduled for january 1st and bound to slow the economy and some argue they'll weaken the military. congress has seen this coming, but an effort to limit the damage failed last week. republican house speaker john boehner could not persuade enough members of his party to let tax rates rise on incomes over a million dollars while sparing everyone else. dana bash is our senior congressional correspondent. dana, this time tomorrow, the president is sup
will be destroyed. david? >> lines as far as the eye can see. thank you. >>> and in washington tonight, president obama is cutting his christmas vacation short to try to cut a deal as that fiscal cliff nears. now just six days until higher taxes for all americans. and tonight, a white house official is placing the burden of not getting a deal on leaders of congress. one official saying the hits from our economy are not coming from outside factors, they're coming from congressional stupidity. some members of congress do return tomorrow. these comments come just as barbara walters prepares for her "nightline" special tonight. her sitdown at the white house with the president and the first lady. tonight here, some rare personal questions answered about their own relationship and their girls. one of whom just got her first cell phone. >> reporter: i want to talk a bit about the girls. we have been rawatching them gr up from little girls to young ladies. now, malia recently got her first cell phone. do you monitor it? and see who she calls or who she texts? >> i give my daughter at this age, i give he
, indiana, ohio and moved into washington, d.c. it's just a fast-moving, longlasting violent thunderstorm complex. >> after charging 800 miles, 22 were dead and 5 million were without power. number five, the dallas 22. there's an old myth that tornadoes don't hit big cities. >> it was so scary. remind you of "the wizard of oz" when the tornado hit and everything going around and around. >> caused nearly $1 billion worth of damage within 24 hours. number four, deadliest tornadoes. >> take it away from us, lord. >> tornadoes took up three slots in our top ten countdown. but this was the deadliest. march 2nd and 3rd, 70 confirmed tornadoes killed 7 people in the northwest. hurricane isaac. >> isaac was a killer. >> the country held its breath as the levees. >> reporter: yet again. plaquemine's parish was tested. by september, 66% of the u.s. was in some degree of drought. the dry weather is expected to continue into 2013. and this could become the costliest natural disaster in u.s. history. and number one, superstorm sandy. >> this historic superstorm made landfall over the most populated ar
Search Results 0 to 20 of about 21 (some duplicates have been removed)